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Stablecoin transfer volume increased by 16x during past 4 years
19.6.2024
Increased stablecoin usage could be a sign of growing crypto adoption for a maturing industry
S&P Global Says US Stablecoin Adoption Could Soar Following New Rules
25.4.2024
S&P Global said the recent change in rules involving the Lummis-Gillibrand Payment Stablecoin Act could see U.S. stablecoin adoption soar as the regulatory framework could bolster confidence.
The post S&P Global Says US Stablecoin Adoption Could Soar Following New Rules appeared first...
LatAm Embraces Wider Stablecoin Adoption: Circle Report
13.12.2023
Source: Getty Images Fintech firms in Latin America are rapidly embracing digital finance solutions, fueled by an increase in crypto adoption among citizens. In a recent report, USDC issuer Circle revealed that citizens of LatAm countries received $562 billion in digital currency value between 2021...
From payments to DeFi: A closer look at the evolving stablecoin ecosystem
31.10.2023
The stablecoin ecosystem has evolved significantly over the years, with new regulations and models shaping the landscape
USDT Stablecoin Adoption in Brazil Skyrockets to 80% Share of Crypto Transactions
30.10.2023
The adoption of the popular stablecoin Tether (USDT) in Brazil has experienced a remarkable surge in 2023, now constituting a staggering 80% of all crypto transactions within the country. According to data provided by Brazil’s tax agency that was first reported on by Cointelegraph, the total...
Stablecoins Surpass Mastercard and PayPal in Transaction Volume While U.S. Fails to Maintain Leadership
24.10.2023
In 2022 stablecoins have eclipsed both Mastercard and PayPal in transaction volume, reaching an impressive sum of nearly $6.87 trillion last year. Despite their critical role in the crypto economy, however, the United States is falling behind in stablecoin policy and global...
Crypto Analyst Predicts Stablecoin Adoption Boom Even in Face of Hostile Regulation
30.8.2023
Jamie Coutts, an analyst from Bloomberg Intelligence, has predicted that stablecoin adoption will grow significantly once the issue of hostile regulations in the U.S. is put aside, noting “adoption under the hood is exploding.” Coutts believes that stablecoin usage may overtake bitcoin...
European Union's MiCA Legislation and its Impact on Stablecoin Adoption: Lawyers Raise Concerns
10.7.2023
The European Union's Markets in Crypto-Assets (MiCA) legislation, enacted on May 31, has generated praise and concerns within the crypto industry.
While hailed as a groundbreaking regulatory framework for cryptocurrencies, there is growing apprehension regarding one particular aspect:...
Circle Set to Launch USDC Stablecoin on Ethereum Scaling Solution Arbitrum – Stablecoin Adoption on the Rise?
2.6.2023
Circle, the US-based payments firm which issues the USD coin (USDC) stablecoin, is set to launch its coin natively on Arbitrum, an Ethereum (ETH) scaling solution, with the kick off scheduled for June 8.
In a statement released on June 1, Arbitrum Foundation said that USDC issued by Circle is...
Stablecoin adoption could lead to DeFi growth, says Aave founder
6.2.2023
Stani Kulechov said that one of the challenges in the ecosystem is that there's less backing in decentralized stablecoins compared to centralized ones
Latin American Stablecoin Adoption Expected to Grow Amid High Inflation
23.1.2023
Crypto winter didn’t slow down stablecoin use in Latin America in 2022
How the Biggest Money Experiment in Human History Will Impact Global Payments
15.1.2023
Ran Goldi is VP of Payments for Fireblocks, a provider of digital asset infrastructure.__________ ...
Read More: How the Biggest Money Experiment in Human History Will Impact Global Payments
MiCA is already stifling stablecoin adoption in the EU
25.9.2022
The Markets in Crypto-Assets framework stands to get in the way of Circle's Euro Coin and other digital assets. Policymakers should revise the proposal
Digital Assets Could Become ‘Permanent Feature’ of Finance, Singapore Central Banker Argues
2.9.2022
Digital assets could become “a permanent feature of the financial landscape,” although decentralized cryptoassets like bitcoin (BTC) “fail as money,” Singapore’s central bank director has argued....
Read More: Digital Assets Could Become ‘Permanent Feature’ of Finance, Singapore Central Banker...
Adoption Picks up Pace in LATM with Brazilian Central Bank’s DeFi Project & Developments in Argentina
30.8.2022
Crypto adoption is on the march in Brazil, where the nation’s Central Bank has commissioned a commercial banking giant to build a DeFi solution for its prototype central bank digital currency (CBDC). Meanwhile, across the border in Argentina, a city says that it will accept tax payments made using...
Beijing Court Rules in Case Involving a Man Who Refused to Be Paid in USDT Instead of Fiat
7.7.2022
A Chinese tech worker who refused to be paid in tether (USDT) and insisted on receiving fiat yuan has won his case against his former employers.
Per the Workers’ Daily, a branch of the People’s Court in the Chaoyang District of Beijing heard a civil case involving a now-defunct IT company and...
Circle to acquire Web3 platform Cybavo, bolstering its stablecoin adoption
10.6.2022
Circle and CYBAVO intend to further promote the adoption of USD Coin and Web3 applications while integrating technology deeply into their core product suite
Another Crypto Tax Haven in Danger, Goldman's & Nomura's Moves, DEI Depegs, NFTs on Spotify + More News
16.5.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.______...
Read More: Another Crypto Tax Haven in Danger, Goldman's & Nomura's Moves, DEI Depegs, NFTs on Spotify + More News
Renowned Luxury Brand Gucci to Accept Bitcoin, Ethereum Payments in the US
5.5.2022
Italian luxury brand Gucci will accept crypto payments across five flagship stores in the US by the end of the month and aims to expand the pilot to include all of its directly-operated stores in North America by this summer....
Read More: Renowned Luxury Brand Gucci to Accept Bitcoin, Ethereum...
Regulatory Clarity, More Transactional Use Could Boost Stablecoin Adoption - Crypto Summit Panel
26.4.2022
The USD 80bn-heavy stablecoin industry requires more regulatory clarity and harmonization across jurisdictions, but the coins' increased use for transactions is the ultimate factor that will boost adoption across the world, according to the participants of a discussion held at the Crypto...